StatusAccepting Backup Offers (Active Under Contract)
About 118 Valley Springs Dr
Experience the charm of rural living at 126 Valley Springs Drive, Olin, North Carolina. This property boasts a flat and spacious lot, offering the perfect canvas for building your dream home in the serene countryside. Surrounded by nature, the expansive land provides ample room for a variety of possibilities. This parcel offers the flexibility to create the home you've always desired. Embrace the tranquility of country living while enjoying the convenience of a well-positioned location. Don't miss the opportunity to make this picturesque property your own. Second lot available for purchase!
Price Information
Listing Price Info
Price Summary:
List Price: $29,500
Tax Information:
Annual Amount: $85
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Number: #4104426
Listing Office:
Office Name: Big 6 Properties
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$215
Per Month
Principal & Interest
$148
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$155
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Harmony Elementary School
139 Harmony School Rd
Distance between this listing and this school1.88 miles
Public District Grades PK-5
4
/10
Union Grove Elementary School
1314 Sloans Mill Rd
Distance between this listing and this school6.25 miles
Public District Grades KG-5
5
/10
Cool Spring Elementary School
1969 Mocksville Hwy
Distance between this listing and this school7.98 miles
Public District Grades KG-5
Nearby Schools
3
/10
North Iredell Middle School
2467 Jennings Rd
Distance between this listing and this school4.39 miles
Public District Grades 6-8
2
/10
East Iredell Middle School
590 Chestnut Grove Rd
Distance between this listing and this school7.65 miles
Public District Grades 6-8
8
/10
Northview School
625 N Carolina Ave
Distance between this listing and this school10.76 miles
Public District Grades 6-8
Nearby Schools
8
/10
Agriculture and Science Early College
158 Raider Rd
Distance between this listing and this school3.83 miles
Public District Grades 9-12
4
/10
North Iredell High School
156 Raider Rd
Distance between this listing and this school3.89 miles
Public District Grades 9-12
1
/10
Pressly School
222 Knox St
Distance between this listing and this school11.07 miles
The neighbors living near this home have an average income of $49,773. Most Iredell County, NC residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 118 Valley Springs Dr
What is the listing price of this property?
The listing price of 118 Valley Springs Dr property is $29,500.
What type of property is this?
The property 118 Valley Springs Dr is land located in Olin, North Carolina, 28660.
Is this property for sale now?
Accepting Backup Offers: 118 Valley Springs Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $85 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 2, 2007 for $18,000. (source: MLS/tax record).
Interested in 118 Valley Springs Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 118 Valley Springs Dr in Olin, NC and zip code 28660. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $29,500.
Over 29 listings were sold over their listed price in November 2024 in Iredell County, NC. In the same period over 139 listings were sold below the listed price and 50 listings were sold for the listed price. The inventory of homes for sale in Iredell County, NC between October 2024 and November 2024 increased by 0.1%. The median list price of listings available in November 2024 was $391,751, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.